China’s leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they wrapped up a closed-door meeting on Friday, state radio reported.
Top leaders have unveiled a bold reform agenda for the next decade as they try to steer the world’s second-largest economy towards more sustainable growth after three decades of breakneck expansion.
China will stick with a prudent monetary policy and pro-active fiscal policy next year, the report said, citing a statement issued after the annual Central Economic Work Conference, which brings together top party leaders, government ministers and provincial officials.
“We will maintain stability and continuity in macro-economic policies. We will maintain appropriate growth in gross domestic product,” it said.
No target for 2014 GDP growth was announced. Annual targets on economic growth, inflation, investment and money supply will be unveiled in parliament in March.